Last week, both the House and Senate passed a $1.5 trillion Fiscal Year 2022 “omnibus” appropriations bill, which includes robust funding for HUD – and several wins for the industry. Also last week, MBA submitted comments to FHFA regarding its new strategic plan.
Tag: MBA Advocacy Update
MBA Advocacy Update: Mar. 7, 2022
President Joe Biden delivered his State of the Union address last week to a joint session of Congress, focusing heavily on the war in Ukraine and rising inflation. Federal Reserve Chair Jay Powell appeared before both chambers of Congress, signaling to lawmakers that the Fed will lift interest rates a quarter-percentage point later this month.
MBA Advocacy Update: Mar. 7, 2022
President Joe Biden delivered his State of the Union address last week to a joint session of Congress, focusing heavily on the war in Ukraine and rising inflation. Federal Reserve Chair Jay Powell appeared before both chambers of Congress, signaling to lawmakers that the Fed will lift interest rates a quarter-percentage point later this month.
MBA Advocacy Update Feb. 28 2022
With Congress in recess this past week, on Thursday the Federal Housing Finance Agency had two major announcements: a long-awaited re-proposal of updates to the capital, liquidity and net worth requirements for servicers; and a final revised capital framework for the GSEs.
MBA Advocacy Update Feb. 28 2022
With Congress in recess this past week, on Thursday the Federal Housing Finance Agency had two major announcements: a long-awaited re-proposal of updates to the capital, liquidity and net worth requirements for servicers; and a final revised capital framework for the GSEs.
MBA Advocacy Update Feb. 22 2022
Last Monday, MBA submitted comments to the OCC on draft principles for large banks’ management of climate-related financial risk. On Tuesday, the FHA announced it is extending the mandatory implementation deadline for mortgagees to begin delivering appraisals through the FHA Catalyst: Electronic Appraisal Delivery Module.
MBA Advocacy Update Feb. 22 2022
Last Monday, MBA submitted comments to the OCC on draft principles for large banks’ management of climate-related financial risk. On Tuesday, the FHA announced it is extending the mandatory implementation deadline for mortgagees to begin delivering appraisals through the FHA Catalyst: Electronic Appraisal Delivery Module.
MBA Advocacy Update Feb. 14 2022
On Tuesday, House lawmakers passed a continuing resolution by a bipartisan vote of 272-162, sending the measure to the Senate for a vote ahead of a February 18 federal government funding deadline. And on Wednesday, the FHFA published its draft strategic plan for fiscal years 2022-2026.
MBA Advocacy Update Feb. 14 2022
On Tuesday, House lawmakers passed a continuing resolution by a bipartisan vote of 272-162, sending the measure to the Senate for a vote ahead of a February 18 federal government funding deadline. And on Wednesday, the FHFA published its draft strategic plan for fiscal years 2022-2026.
MBA Advocacy Update Feb. 7 2022
Three of President Biden’s nominees to serve on the Federal Reserve’s Board of Governors faced questioning during their confirmation hearing before the Senate Banking Committee Thursday.